President Obama once again made history today by signing the biggest spending bill ever. Add the amount of this bill to the half of the last one that President Bush left Obama and he will be the first trillion dollar president. And he's only been in office for less than a month. Next week he will be submitting his budget. Then he's going to talk about reducing the deficit. Ha!
The programs in the bailout bill are quite "necessary" according to Obama. Like the millions to look into expanding the wetlands of Nancy Pelosi's home district. I get the feeling that this bill trades my social security for windmills.
Forty-six states are now claiming to be having a critical budget crisis. California is leading the pack. I guess they ran out of money to pay health insurance to illegal aliens and to pay for every one's college education. it seems all of America has their hand out. In Michigan, our governor based her whole budget on funds she banked on receiving from the bail out bill. Where is the responsibility? And why does every state need billions of dollars to survive? This is the result of the "blame someone else" culture. And the fairness in lending practices of our Federal government. 'If they can have it then I should have it too!' If we stopped lending to be fair and started lending to get a good return on our investment we wouldn't be in this mess.
President Obama likes to spend money. You can bet this isn't the last of his spending bills. It will be interesting to hear how he plans to reduce the deficit. I am inclined to believe he will attempt to do it the way he does everything else; He'll talk about it. Meanwhile, in 2012 we will have the largest deficit and most inflated government ever. Which gives quite a lot of hope for any Republican who plans to run against Obama. Not bad having a campaign platform against the president only a month into his term.
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